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Showing 51 - 60 of 689 results for "Custodian"

Australian Ethical locks in new custodian

ANDREW MCKEAN  |  TUESDAY, 3 SEP 2024
... focus will be the delivery of "key inflight projects" in FY25, including the transition to State Street as its current custodian, NAB Asset Servicing (NAS), exits the market. The other key project cited, announced last June, was the transition of its ...

J.P. Morgan lands custody services mandate with industry fund

ANDREW MCKEAN  |  THURSDAY, 29 AUG 2024
J.P. Morgan has been appointed as the new custodian for Vision Super, replacing NAB Asset Servicing. The investment bank said that it's completed the transition of the $13.8 billion industry super fund, which is set to merge with Active Super on 1 March ...

State Street receives Shariah-compliant certificate

MATTHEW WAI  |  FRIDAY, 16 AUG 2024
... financial solutions." According to the Australian Custodial Services Association, State Street is now the second-largest custodian in Australia. As at 30 June 2024, it had $834 billion total assets under custody on behalf of local investors - an increase ...

Custody assets exceed $5tn milestone

JAMIE WILLIAMSON  |  TUESDAY, 13 AUG 2024
... local assets under custody. It now ranks 10 th in the nation; however, it continues to command the top spot as a sub-custodian with some $1.53 trillion. Clearstream also saw its total decline, down 6.8% to $108 billion. Its local assets under custody ...

Dimensional to launch three more ETFs

KARREN VERGARA  |  MONDAY, 12 AUG 2024
... via the ETF access point, he said. Citi facilitated DFA's ASX listing of the first three ETFs. Citi has been the custodian and fund administrator for DFA since 2012.

Institutional investors embracing crypto: GDF

MATTHEW WAI  |  FRIDAY, 2 AUG 2024
Global Digital Finance (GDF) suggests that digital assets are becoming quite popular with institutional investors. Conducting a global survey of 100 executives, GDF found almost all participants (93%) have handled Bitcoin in some shape or form. Meanwhile ...

CareSuper, Spirit Super take final steps towards merger

JAMIE WILLIAMSON  |  TUESDAY, 30 JUL 2024
... merged entity, which will be administered via the Acurity Registry and Acurity Online platforms. Most recently, the custodian for the new CareSuper was selected, with Spirit Super - the successor fund - awarding a mandate to J.P. Morgan in the wake of ...

OnePath Custodians fined $11m for MySuper failures

JAMIE WILLIAMSON  |  MONDAY, 22 JUL 2024
OnePath Custodians is entering a court enforceable undertaking with APRA and will pay close to $11 million, as it continues to identify super members whose contributions weren't directed to a MySuper option when they should have been. APRA has agreed ...

Kraken expands custody solution to Australia

ELIZA BAVIN  |  FRIDAY, 19 JUL 2024
... chartered in Wyoming means Kraken Custody is held to some of the most rigorous security and operational checks of any crypto custodian, translating into the security and reliability institutions need," Kraken Financial chief executive Trevor Rutar said. ...

Data concerns land Fiducian with additional licence conditions

JAMIE WILLIAMSON  |  TUESDAY, 16 JUL 2024
... that its "fund performance returns are accurate." "The Fiducian fund unit prices are calculated daily by our external custodian and returns are reported by a recognised ratings house in performance surveys and published on the Fiducian website. Fiducian ...